Trump Pick for Treasury Department No. 2 Is Dropping Out
May 19 2017 - 4:01PM
Dow Jones News
By Ryan Tracy
WASHINGTON -- The Trump Administration's nominee for the No. 2
spot at the Treasure Department is dropping out.
James Donovan, a private banker at Goldman Sachs Group Inc., had
been nominated for the post of deputy Treasury secretary.
The department continues to operate with few Senate-confirmed
appointees for senior positions.
It wasn't immediately clear why the decision was made. A
Treasury spokesman said in a statement that Treasury Secretary
Steven Mnuchin "offers Jim his support and friendship as he focuses
his attention on his family."
"Jim has been an enormous asset to the department helping
recruit and fill many of the senior jobs at Treasury," the
statement also said.
Mr. Donovan couldn't immediately be reached for comment.
Write to Ryan Tracy at ryan.tracy@wsj.com
(END) Dow Jones Newswires
May 19, 2017 15:46 ET (19:46 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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